Dow Jones industrial average closes above 10,000 for first time in a year

AP Photo/Richard DrewSpecialists Michael Scavone, left, and Michael Sollitto react as the Dow Jones Industrial Average crosses 10,000, on the floor of the New York Stock Exchange earlier today. The Dow closed above 10,000 today for the first time in a year. NEW YORK -- The Dow Jones industrial average is back above 10,000 for the first time in a year.

The Dow has crossed five figures seven months after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market's best-known indicator is the most visible sign yet that investors believe the economy is recovering from the financial crisis and recession.

Upbeat earnings reports from Intel Corp. and JPMorgan Chase & Co. gave the Dow its final push past 10,000.